CNL Healthcare Properties Acquires Texas Specialty Hospital

REIT invests $76 million in Houston Orthopedic & Spine Hospital

Orlando, Fla., July 1, 2014 (GLOBE NEWSWIRE) -- CNL Healthcare Properties, a real estate investment trust (REIT)
focused on senior housing and healthcare facilities, has purchased
the Houston Orthopedic & Spine Hospital campus (HOSH) for $76
million, making it the largest single-property investment in the
REIT's portfolio. The Class A health campus includes a 126,946
square-foot, state-of-the-art specialty hospital, a 99,768
square-foot, multitenant medical office building and two dedicated
parking structures. The campus was completed in 2007.

"The HOSH campus is an exceptional addition to our expanding
healthcare portfolio, allowing us to further enhance and diversify
our holdings," said Stephen H. Mauldin, president & CEO of CNL
Healthcare Properties. "Strategically positioned in the nation's
fifth largest metropolitan area, HOSH's management and providers
have earned an outstanding reputation for delivering the highest
quality services and patient care."

The campus is located at the intersection of Interstates 69 and
610, two of the region's major thoroughfares, and in the highly
desirable and affluent Galleria submarket. The hospital includes 64
private beds, 10 operating suites and a variety of imaging
services. In August 2013, Consumer Reports ranked HOSH as one of
Houston's top surgical hospitals, based on a variety of factors
including patient outcomes and patient satisfaction.

Lincoln Harris CSG, a nationally focused healthcare management
company and the largest medical property manager in Texas, will
provide on-site leasing and management services.

About CNL Healthcare Properties

CNL Healthcare Properties, Inc., is a real estate investment
trust (REIT) that focuses on acquiring properties in the senior
housing and healthcare sectors, stabilized, stabilizing and
development, as well as other income-producing properties,
real-estate related securities and loans. CNL Financial Group, LLC
is the sponsor of CNL Healthcare Properties. For more information,
visit www.CNLHealthcareProperties.com.

About CNL Financial Group

CNL Financial Group (CNL) is a leading private investment
management firm providing global real estate and alternative
investments. Since inception in 1973, CNL and/or its affiliates
have formed or acquired companies with more than $28 billion in
assets. CNL is headquartered in Orlando, Florida. For more
information, visit www.cnl.com.

Cautionary Note Regarding Forward-Looking
Statements

Statements above that are not statements of historical or
current fact may constitute "forward-looking statements" within the
meaning of the Federal Private Securities Litigation Reform Act of
1995. The Company intends that such forward-looking
statements be subject to the safe harbor created by
Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements are statements that do
not relate strictly to historical or current facts, but reflect
management's current understandings, intentions, beliefs, plans,
expectations, assumptions and/or predictions regarding the future
of the Company's business and its performance, the economy, and
other future conditions and forecasts of future events, and
circumstances. Forward-looking statements are typically
identified by words such as "believes," "expects," "anticipates,"
"intends," "estimates," "plans," "continues," "pro forma," "may,"
"will," "seeks," "should" and "could," and words and terms of
similar substance in connection with discussions of future
operating or financial performance, business strategy and
portfolios, projected growth prospects, cash flows, costs and
financing needs, legal proceedings, amount and timing of
anticipated future distributions, estimated per share net asset
value of the Company's common stock, and/or other matters. The
Company's forward-looking statements are not guarantees of future
performance. While the Company's management believes its
forward-looking statements are reasonable, such statements are
inherently susceptible to uncertainty and changes in circumstances.
As with any projection or forecast, forward-looking statements are
necessarily dependent on assumptions, data and/or methods that may
be incorrect or imprecise, and may not be realized. The Company's
forward-looking statements are based on management's current
expectations and a variety of risks, uncertainties and other
factors, many of which are beyond the Company's ability to control
or accurately predict. Although the Company believes that the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, the Company's actual results could
differ materially from those set forth in the forward-looking
statements due to a variety of risks, uncertainties and other
factors. Given these uncertainties, the Company cautions you not to
place undue reliance on such statements.

For further information regarding risks and uncertainties
associated with the Company's business, and important factors that
could cause the Company's actual results to vary materially from
those expressed or implied in its forward-looking statements,
please refer to the factors listed and described under
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" and the "Risk Factors" sections of the
Company's documents filed from time to time with the U.S.
Securities and Exchange Commission, including, but not limited to,
the Company's quarterly reports on Form 10-Q, and the Company's
annual report on Form 10-K, copies of which may be obtained from
the Company's Web site at www.CNLHealthcareProperties.com.

All written and oral forward-looking statements attributable to
the Company or persons acting on its behalf are qualified in their
entirety by this cautionary note. Forward-looking statements
speak only as of the date on which they are made, and the Company
undertakes no obligation to, and expressly disclaims any obligation
to, publicly release the results of any revisions to its
forward-looking statements to reflect new information, changed
assumptions, the occurrence of unanticipated subsequent events or
circumstances, or changes to future operating results over time,
except as otherwise required by law.

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